Civic Intelligence

Lincoln Youth Complex

EIN 87-1032872 • 501(c)3 • Lincoln, NE

Profile

To promote, support, and educate youth through the construction and operation of a multi-sport complex, with an emphasis on softball and baseball, as well as any other charitable purposes as determined by the board of directors.

5934 S 56th St Ste ALincoln, NE 68516

lincolnyouthcomplex.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.17x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.49x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$50,752

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

97th percentile

94%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

85%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$37,500,653

Up $18,197,100 (+94%) from 2023

Liabilities

Up

$6,322,617

Up $5,755,183 (+1014%) from 2023

Net Assets

Up

$31,178,036

Up $12,441,917 (+66%) from 2023

Revenue

Up

$12,983,588

Up $5,974,955 (+85%) from 2023

Expenses

Up

$541,671

Up $200,379 (+59%) from 2023

Net Income

Up

$12,441,917

Up $5,774,576 (+87%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2021: $7,106,196Liabilities 2021: $1,806Net Assets 2021: $7,104,3902021Assets 2022: $12,119,710Liabilities 2022: $50,932Net Assets 2022: $12,068,7782022Assets 2023: $19,303,553Liabilities 2023: $567,434Net Assets 2023: $18,736,1192023Assets 2024: $37,500,653Liabilities 2024: $6,322,617Net Assets 2024: $31,178,0362024

Highlighted filing

2024

Assets$37,500,653
Liabilities$6,322,617
Net Assets$31,178,036

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2021: $7,116,927Expenses 2021: $12,537Net Income 2021: $7,104,3902021Revenue 2022: $5,396,775Expenses 2022: $432,387Net Income 2022: $4,964,3882022Revenue 2023: $7,008,633Expenses 2023: $341,292Net Income 2023: $6,667,3412023Revenue 2024: $12,983,588Expenses 2024: $541,671Net Income 2024: $12,441,9172024

Highlighted filing

2024

Revenue$12,983,588
Expenses$541,671
Net Income$12,441,917

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.2
Gross Receipts
$12,983,588
Mission and Program Overview

Mission

To promote, support, and educate youth through the construction and operation of a multi-sport complex, with an emphasis on softball and baseball, as well as any other charitable purposes as determined by the board of directors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$8,640,308$10,687,036▲ $2,046,728
Savings and Temporary Cash Investments$5,823,824$1,912,696▼ $3,911,128
Land, Buildings, and Equipment, Net$0$9,000▲ $9,000
Total Assets$19,303,553$37,500,653▲ $18,197,100
Other Assets Total$4,839,421$24,891,921▲ $20,052,500
Liabilities
Mortgage Notes Payable Secured by Investment Property-$3,200,000-
Accounts Payable and Accrued Expenses$567,434$3,122,617▲ $2,555,183
Total Liabilities$567,434$6,322,617▲ $5,755,183
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,313,221$21,575,094▲ $11,261,873
Net Assets With Donor Restrictions$8,422,898$9,602,942▲ $1,180,044
Total Net Assets Fund Balance$18,736,119$31,178,036▲ $12,441,917
Total Liabilities and Net Assets / Fund Balance$19,303,553$37,500,653▲ $18,197,100

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,000-$9,000
Other Assets Org$24,891,921--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joe FaglerExecutive DirectorFT$50,752$50,752

Board Members and Trustees

NameTitle
Charlie ColonPresident
Jeff MaulVice President
Brad KorellDirector
Charlie MeyerDirector
Cori VokounDirector
Dan MuhlesisenDirector
Darin ErstadDirector
Dwight MerilattDirector
Jeff McpeakDirector
Jennifer WilliamsDirector
Rich ClaussenDirector
Roger SeverinDirector
Sandra WashingtonDirector
Joel PedersenSecretary
Don HerzTresurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,791,047
Program Service Revenue
$0
Investment Income
$175,094
Other Revenue
$17,447
All Other Contributions
$2,488,851
Change in Net Assets
$12,441,917

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$356,925Fair Market Value
Total Noncash Contributions1$356,925-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,983,588
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$12,983,588
Total Revenue per Form 990
$12,983,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$457,196
Salaries, Compensation, and Employee Benefits$84,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$12,688$38,064-$50,752
Interest-$48,525-$48,525
Fees for Services Legal-$31,784-$31,784
Other Salaries and Wages$6,853$20,558-$27,411
Fees for Services Accounting-$21,695-$21,695
Payroll Taxes$1,578$4,734-$6,312
Office Expenses-$6,233-$6,233
Other Expenses$5,706$39,000-$5,706
Insurance-$3,729-$3,729
Information Technology-$1,275-$1,275
All Other Expenses-$902-$902
Advertising-$275-$275
Travel-$152-$152
Total Functional Expenses$273,805$267,866$0$541,671

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$541,671
Total Expenses per Audited Statements$541,671
Total Expenses per Form 990$541,671
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The organization reviews the form 990 at their annual meeting.

Form 990, Part VI, Section C, Line 19

Documents made available upon request.

Filing and Contact Details

Filer

Filer Name
Lincoln Youth Complex
EIN
87-1032872
Phone
4024362369
Address
5934 S 56TH ST STE A, LINCOLN, NE 68516

Signing Officer

Name
Don Herz
Title
Officer
Phone
4024362669
Signed
2025-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Herz
Formed
2021
Legal Domicile
Ne
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
0

Preparer

Firm
Hbe Llp
Address
7140 STEPHANIE LANE PO BOX 23110, LINCOLN, NE 68542-3110
Preparer
Krystal L Siebrandt CPA Cfe Cgma
Phone
4024234343
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The audit committee reviews the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. As such, income earned in the performance of its exempt purpose is not subject to income tax. Any income earned through unrelated business activities is subject to income tax at normal corporate rates. For the year ended december 31, 2024, the organization had no tax liability on unrelated business activity. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04839421
IRS990/OtherAssetsTotalGrp/EOYAmt024891921
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT PROVISION
IRS990/OtherExpensesGrp/Desc1PROJECT MANAGEMENT
IRS990/OtherExpensesGrp/Desc2FEES FOR SERVICE
IRS990/OtherExpensesGrp/Desc3MARKETING EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050940
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt139000
IRS990/OtherExpensesGrp/ProgramServicesAmt0230000
IRS990/OtherExpensesGrp/ProgramServicesAmt116980
IRS990/OtherExpensesGrp/ProgramServicesAmt25706
IRS990/OtherExpensesGrp/TotalAmt0230000
IRS990/OtherExpensesGrp/TotalAmt167920
IRS990/OtherExpensesGrp/TotalAmt239000
IRS990/OtherExpensesGrp/TotalAmt35706
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020558
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06853
IRS990/OtherSalariesAndWagesGrp/TotalAmt027411
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04734
IRS990/PayrollTaxesGrp/ProgramServicesAmt01578
IRS990/PayrollTaxesGrp/TotalAmt06312
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt08640308
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010687036
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DON HERZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06815942
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0192691
IRS990/PYOtherExpensesAmt0341292
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt06667341
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0341292
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07008633
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt012441917
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt017447
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017447
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05823824
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01912696
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012791047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06815942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04901630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07116927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt031625546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0192541
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0192691
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09452
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0394684
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt027046761
IRS990ScheduleA/SubstantialContributorsTotAmt04578785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012791047
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06815942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04901630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07116927
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt031625546
IRS990ScheduleA/TotalSupportAmt032020230
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt09000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0541671
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024891921
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROCESS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012983588
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, INCOME EARNED IN THE PERFORMANCE OF ITS EXEMPT PURPOSE IS NOT SUBJECT TO INCOME TAX. ANY INCOME EARNED THROUGH UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO INCOME TAX AT NORMAL CORPORATE RATES. FOR THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION HAD NO TAX LIABILITY ON UNRELATED BUSINESS ACTIVITY. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt024891921
IRS990ScheduleD/TotalExpensesPerForm990Amt0541671
IRS990ScheduleD/TotalRevenuePerForm990Amt012983588
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012983588
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0541671
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0356925
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS THE FORM 990 AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDIT COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt019303553
IRS990/TotalAssetsEOYAmt037500653
IRS990/TotalAssetsGrp/BOYAmt019303553
IRS990/TotalAssetsGrp/EOYAmt037500653
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt012791047
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0267866
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0273805
IRS990/TotalFunctionalExpensesGrp/TotalAmt0541671
IRS990/TotalGrossUBIAmt00

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